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Sell Your House in Lake Lorraine, Shalimar FL
TL;DR. Lake Lorraine homes closed between $305,000 and $1,200,000 in the past twelve months. Three different sub-markets sit inside the same zip code. Pricing each one against the wrong comp is what keeps homes on the market for 100+ days. Uber Realty lists Lake Lorraine homes for 1%, with buyer's agent compensation negotiable. Total commission often around 3% depending on the transaction. All commissions are negotiable. Same MLS, same exposure, more equity at closing.
What Lake Lorraine Actually Looks Like Right Now
Lake Lorraine is not one market. It is three.
Lake Lorraine Gardens waterfront. Homes with frontage on Lake Lorraine itself or Choctawhatchee Bay. Recent closings include a 3-bedroom on Lakeshore Drive at $960,000 with 140 feet of waterfront, a 4-bedroom on Lakeshore Drive at $1,200,000 with bay views, and a 6-bedroom on Country Club Road at $1,120,000 with 96 feet of bay frontage. Currently active: a Mediterranean estate on Bay Cove Lane listed at $3,450,000.
Country Club Road golf frontage. Homes positioned on Shalimar Pointe Golf Course, mostly in Lake Lorraine Estates 1st, 2nd, and 3rd Additions. This tier closed between $475,000 and $650,000 in normal condition over the past year. A renovated home on the 18th fairway closed at $650,000. A home on the 17th hole closed at $475,000. New construction on Country Club Road closed at $950,000. The fairway frontage adds real value, but pricing has to match the specific lot, not the average.
Interior Lake Lorraine Estates. Off-water, off-course, established neighborhood streets. This tier closed between $305,000 and $585,000 over the past year. Condition drives the spread. A renovated 5-bedroom on Elkwood Court closed at $585,000 in 34 days. An estate sale on the same street with deferred maintenance closed at $305,000 in 2 days at the right price.
If you treat Lake Lorraine as one market and price off a neighborhood-wide median, you will mis-price your home by $100,000 in either direction. That is the diagnosis nobody else is writing about.
Recent Closed Sales in Lake Lorraine
From MLS, last twelve months, Lake Lorraine Estates and Lake Lorraine Gardens. Addresses anonymized to block level.
| Block / Area | Beds/Baths | SqFt | Sold Price | DOM |
|---|---|---|---|---|
| Bay Cove Ln (waterfront) | 4 / 2.5 | 3,321 | $1,200,000 | 171 |
| Country Club Rd (bayfront) | 6 / 4.5 | 3,894 | $1,120,000 | 38 |
| Country Club Rd (golf, new build) | 4 / 3.5 | 3,021 | $950,000 | 158 |
| Country Club Rd (golf frontage) | 4 / 2.5 | 3,042 | $620,000 | 4 |
| Country Club Rd (18th fairway) | 4 / 2.5 | 3,352 | $650,000 | 181 |
| Elkwood Ct (interior) | 5 / 3.5 | 2,960 | $585,000 | 34 |
| Lake Lorraine Cir (renovated) | 4 / 2.5 | 2,396 | $579,000 | 3 |
| Country Club Rd (7th hole) | 4 / 2.5 | 2,265 | $535,000 | 103 |
| Country Club Rd (17th fairway) | 4 / 2 | 2,667 | $475,000 | 45 |
| Lake Lorraine Cir (interior) | 3 / 2 | 1,775 | $445,000 | 58 |
| Eglin Dr (interior) | 3 / 2 | 2,088 | $400,000 | 75 |
| Country Club Rd (estate, AS-IS) | 5 / 3.5 | 2,417 | $375,000 | 57 |
| Elkwood Ct (interior, AS-IS) | 5 / 3 | 2,446 | $305,000 | 2 |
Source: Emerald Coast Association of Realtors MLS, closed sales between April 2025 and April 2026. Prepared by Uber Realty LLC.
What Days on Market Tells You About Pricing
Look at the DOM column above. It is the most honest data on this page.
Homes priced at the right comp on day one closed in 1 to 13 days. A renovated home on Lake Lorraine Circle closed in 3 days at $579,000. A pool home on the 7th hole closed in 4 days at $620,000, over the $610,000 list, with multiple offers. A renovated pool home on Pebble Beach Drive closed in 1 day at full list price.
Homes priced ahead of the comp drifted. A home on Eglin Drive listed at $415,000 and closed at $375,000 after 356 days on market. A home on Country Club Road originally listed at $450,000 closed at $375,000 after 57 days as an estate sale. A home on Country Club Road listed at $499,990 closed at $449,900 after a relist.
The lever is not exposure. The lever is pricing on day one. Every home in this neighborhood gets the same MLS, the same syndication, the same Eglin and Hurlburt buyer pool. The only thing the seller controls is what number is on the listing when buyers see it for the first time.
Why Buyers Target Lake Lorraine
Lake Lorraine pulls a specific buyer. The drive to Eglin AFB is roughly 10 minutes. Hurlburt Field is roughly 20 minutes. The Emerald Coast beaches are 15 to 20 minutes south. School zoning runs Shalimar Elementary, Meigs Middle, and Choctawhatchee High.
The neighborhood itself sits inside the boundaries of Shalimar Pointe Golf Course. Several streets, including Lake Lorraine Circle, Country Club Road, Pebble Beach Drive, and Pinehurst Drive, have direct fairway frontage. There is no HOA. Most lots are a quarter to half acre. Mature oaks line the older sections.
That mix attracts active and retired military, families staying long-term in the area, and second-home buyers who want bay and lake access without paying Destin or 30A pricing. Migration data from Redfin shows Atlanta, Washington, and Chicago metros leading inbound buyer searches into the Shalimar area. Pensacola and Dothan lead outbound moves.
Flood and Insurance Reality
Per Redfin and First Street, 55% of properties in the Lake Lorraine area are at risk of severe flooding over the next 30 years. That is not a reason to avoid the neighborhood. It is a reason to handle the disclosure cleanly upfront.
Buyers in 2026 are reading flood reports before they tour. A listing that names the flood zone, references the elevation certificate if one exists, and pre-quotes insurance from a local agent moves faster than a listing that goes silent on the question and forces buyers to find out at inspection. Several recent Lake Lorraine listings include the flood zone designation in agent remarks for that exact reason.
Pre-List Checklist for Lake Lorraine Sellers
Identify your sub-market first. Waterfront, golf frontage, or interior. Comp the home against the right tier. Pricing a golf-frontage home off interior comps under-prices it by $50,000. Pricing an interior home off golf-frontage comps over-prices it and parks it on the market for six months.
Document the major systems. Roof age, HVAC age, water heater age, electrical updates. A 1970s Lake Lorraine home with a 2024 roof and a 2020 HVAC sells differently than the same floor plan with original systems. Buyers are paying close attention to this. So are appraisers and insurance underwriters.
Aluminum wiring. Several Lake Lorraine homes built in the early to mid 1970s have aluminum wiring with copper pigtails. Disclose it. Get a quote from a licensed electrician for full remediation in case the buyer asks. Knowing the number ahead of time prevents the deal from falling apart at inspection.
Assumable VA loans. If you have one, this is one of the strongest marketing assets in the current rate environment. Eight offers in 24 hours on a recent Country Club Road listing were partly driven by a 2.375% assumable VA loan. The remaining balance, the monthly payment, and the eligibility requirement should be in the listing.
Photography and timing. Listings that hit the MLS on Wednesday or Thursday with finished professional photos accumulate weekend showings immediately. Listings that go on Friday with placeholder photos lose the first weekend.
How Uber Realty Lists in Lake Lorraine
The current Uber Realty listing in Lake Lorraine sits at 83 Lake Lorraine Circle, a 2,759 sqft contemporary on the 11th green and 12th tee of Shalimar Pointe Golf Course, listed at $590,000. Same MLS as every other home on this page. Same syndication to Zillow, Redfin, and Realtor.com. The seller is paying 1%.
Two listing options. Both list on the same MLS. Both get the same buyer pool. The difference is how much of the day-to-day work the seller wants to handle.
Done With You | 1%. The seller stays more involved on showings, communication, and prep. Uber Realty handles pricing, marketing, MLS entry, negotiation, contract management, and closing coordination. Best for sellers who want to keep more equity at closing and are comfortable being engaged.
Done For You | 2%. Full-service hands-on representation through the entire process. Showings, communication, vendor coordination, the whole listing managed start to finish. Best for sellers who want full delegation.
Commission Note
1% listing fee. Buyer's agent compensation negotiable, typically around 2%, for a total commission often around 3% depending on the transaction. All commissions are negotiable.
Sellers are not required to pay buyer's agent compensation. We recommend being prepared to offer it. Most buyers in this market are cash-strapped and gravitate toward sellers who help cover that cost. Offering 2% upfront sets a negotiating anchor and makes the listing more competitive. It is easier to negotiate down from 2% than to add it later.
If You Are Thinking About Selling in Lake Lorraine
Three questions answer most of what matters before any pricing conversation:
1. Which sub-market is your home actually in: waterfront, golf frontage, or interior?
2. What is the condition of the major systems and how does that compare against the closed comps in your tier?
3. What is your timeline, and is there an assumable loan or other marketing asset to lead with?
Walk through those with Jim Whatley. Call (850) 499-2940 or email jim@uberrealty.com. Florida Broker License BK3174026. Uber Realty LLC #CQ1038333.
Frequently Asked Questions
What is the price range for homes in Lake Lorraine, Shalimar?
Lake Lorraine closed sales in the past twelve months ranged from $305,000 to $1,200,000. The spread reflects three different sub-markets: interior homes in Lake Lorraine Estates, golf course frontage along Country Club Road, and Lake Lorraine Gardens waterfront with bay or lake frontage. A median price across the whole area does not tell a seller what to price at. The right comp tier does.
How long do homes take to sell in Lake Lorraine?
It depends entirely on whether the list price matches the comp on day one. Properly priced homes have closed in 1 to 13 days. A home on the 7th hole of Shalimar Pointe Golf Course sold in 4 days at $620,000 over a $610,000 list price with multiple offers. A home priced ahead of the comp closed at $375,000 after 356 days on market. Same neighborhood. Different decisions about price.
What is Uber Realty's listing fee for a Lake Lorraine home?
The listing fee is 1%. Buyer's agent compensation is negotiable, typically around 2%, for a total commission often around 3% depending on the transaction. All commissions are negotiable. Same MLS, same buyer pool, same closing process as a traditional listing.
Do I have to offer compensation to a buyer's agent?
No. After the NAR settlement, sellers are not required to pay the buyer's agent. Most buyers in this market are cash-strapped and gravitate toward sellers who help cover that cost. Offering 2% upfront sets a negotiating anchor and makes the listing more competitive. It is easier to negotiate down from 2% than to add it later.
What does waterfront mean in Lake Lorraine?
It is not one definition. Lake Lorraine Gardens has true bay and lake frontage and trades in the $900,000 to $1,200,000 range. Country Club Road has golf course frontage on Shalimar Pointe and trades in the $475,000 to $650,000 range when in good condition. Interior Lake Lorraine Estates is off-water and off-course and trades in the $300,000 to $585,000 range depending on condition. Mispricing across these tiers is the most common pricing mistake on this side of Shalimar.
Can a Lake Lorraine listing get the same exposure as a 5% or 6% listing?
Yes. Uber Realty lists on the same MLS that traditional 5% to 6% listings use. The MLS syndicates to Zillow, Redfin, Realtor.com, and every major buyer-facing site. Buyers cannot see the listing fee. The home looks identical regardless of what the seller is paying their agent.
How do VA assumable loans affect selling in Lake Lorraine?
Several recent Lake Lorraine sales involved assumable VA loans at rates between 2.25% and 4.75%. With current rates higher, an assumable VA loan is a real marketing asset and can be the deciding factor for a VA-eligible buyer. The home at 231 Country Club Rd had 8 offers in 24 hours, partly driven by an assumable 2.375% VA loan. If your loan is assumable, it should be in the listing remarks, agent notes, and marketing from day one.
Can I sell my Lake Lorraine home if I am on PCS orders?
Yes. PCS sales out of Eglin AFB and Hurlburt Field are routine in this neighborhood. Power of attorney closings are common. Document signing happens electronically through DocuSign. The recommended timeline is to list 60 to 90 days before the report date when possible, so the home is under contract before you have to physically leave.